STAMFORD, Conn.--(BUSINESS WIRE)--August 8, 2000--Pitney Bowes Inc. (NYSE: PBI) today announced that it has become a founding sponsor of GreenBiz.com, a new online resource center that offers a wealth of free information to help companies align environmental responsibility with business success. The new sponsorship is an extension of Pitney Bowes' award-winning environmental stewardship initiative, and will help bring hard-to-find resources and expertise to others in the business community.

Hosted by Green Business Network, a nonprofit, nonpartisan organization that brings environmental information, resources, and tools to the mainstream business community, GreenBiz.com targets businesses, allowing them to access via the World Wide Web information from other companies, government agencies, business groups, activist groups, academic institutions, and other organizations. Information on GreenBiz.com is free, requires no subscription, and is presented in a user-friendly, easy-to-navigate environment and is searchable in database form.

"Pitney Bowes has seen the benefits achieved by creating environmentally sound business practices," stated Michael J Critelli, CEO, Pitney Bowes. "Our sponsorship of GreenBiz.com is a perfect way to share with customers, vendors, and employees our notion that environmental responsibility is more than `the right thing to do'--it can also improve business performance."

Among the resources offered are: Business Toolbox, containing more than 100 reports, backgrounders, and how-to articles; Government Gateway, featuring descriptions of 300 government programs that help companies improve their environmental performance; and Awards Directory, detailing dozens of national and local award and recognition programs that honor environmental leadership companies.

Additional features include a daily news service on environmental business topics, monthly columnists, an electronic newsletter, an events calendar, and bookstore.

"There is no easy way for many companies to access the overwhelming amount of information on business and the environment, and harness it to gain business value" says Joel Makower, president of Green Business Network. "GreenBiz.com solves this Information Age challenge by providing businesses with content, context, and contacts."

Says Makower, "We're proud of our partnership with Pitney Bowes to help the business community create business value through environmental responsibility. Pitney Bowes' commitment to GreenBiz.com is consistent with its long-time record of environmental leadership."

Part of the Pitney Bowes Environmental Stewardship Initiative

This sponsorship is just a part of Pitney Bowes' award winning environmental strategy. Building environmental benefits into products and conducting business through environmentally friendly business practices creates a value-add for customers and is part of Pitney Bowes' customer-centric business strategy. The Company has instituted a highly effective recycling program, for instance, that has won the Environmental Protection Agency's (EPA) Waste Wise Program Champion Award Partner of the Year Award for the last three years in a row. Additionally, Pitney Bowes was recently recognized by EPA as the Green Light's Partner of the Year, for its commitment to preserving natural resources and by reducing energy consumption through installation of energy-efficient lighting. In 1997, Pitney Bowes embarked on its Managing Energy Wisely Program. Since then, annual energy consumption on weather normalized basis has been reduced by close to 15%, or 66 billion BTU's. This equals the energy used by approximately 640 households.

Pitney Bowes Inc. is a $4.4 billion global provider of informed mail and messaging management. For more information on the company visit www.pitneybowes.com.

CONTACT: Pitney Bowes

             Christopher Tessier
             Manager, Media Relations
             203/351-7210